> This is one of the reasons why health care costs have gone through the roof.
I doubt that it has much affect, for two reasons.
1. Looking at graphs of US health care costs over time I don't really see much change in the growth of health care costs during pre-ACA times and post-ACA times.
2. Looking at health care costs of other first world countries, their health care costs over the 50 years have been growing fairly similarly to the way US health care costs having been growing.
This suggests that the reasons for most health care cost increases in the US are neither things we do differently than most other first world countries (e.g. more heavily relying on private for-profit insurance companies) nor any relatively recent changes to how we regulate things.
I doubt that it has much affect, for two reasons.
1. Looking at graphs of US health care costs over time I don't really see much change in the growth of health care costs during pre-ACA times and post-ACA times.
2. Looking at health care costs of other first world countries, their health care costs over the 50 years have been growing fairly similarly to the way US health care costs having been growing.
This suggests that the reasons for most health care cost increases in the US are neither things we do differently than most other first world countries (e.g. more heavily relying on private for-profit insurance companies) nor any relatively recent changes to how we regulate things.